Defi Technologies flags share ownership imbalances

Mr. Olivier Roussy Newton reports DEFI TECHNOLOGIES IDENTIFIES SHARE OWNERSHIP AND DEPOSITORY IMBALANCES, ESCALATES TRADING REVIEW TO PROTECT SHAREHOLDER INTERESTS Defi Technologies Inc. has provided a key update on its ongoing shareholder intelligence and market transparency initiative launched in June, 2025, in collaboration with Shareholder Intelligence Services LLC (ShareIntel) and Urvin Consulting LLC. As part of this initiative, Defi Technologies has been closely monitoring both market and non-market activity related to its common shares across the various marketplaces where they are listed, as well as among financial institutions whose clients hold or trade common shares of the company. Preliminary findings have identified notable imbalances between the number of shares reported for beneficial owners by proxy servicing firms and the number of shares recorded at the relevant depositories, including the Depository Trust Company (DTC) and the Canadian Depository for Securities (CDS). While minor discrepancies can occur during normal operations, the company has observed disproportionate and persistent differences over selected periods that warrant further investigation. Defi Technologies has contacted the parties involved to request reconciliations and explanations for these discrepancies. If satisfactory resolutions are not provided, the company is prepared to escalate the matter. "As fiduciaries for our shareholders, we are obligated to safeguard the integrity of the trading of the company's common shares across all trading venues," said Olivier Roussy Newton, chief executive officer of Defi Technologies. "These findings underscore why we engaged ShareIntel and Urvin -- to detect, investigate and address potential irregularities that may impact our investors. We will pursue answers and, if necessary, escalate the matter." The company views vigilance in monitoring trading and settlement data as a critical component of shareholder protection. Defi Technologies will continue to work with ShareIntel and Urvin to investigate such imbalances and engage directly with market participants to ensure transparency in reporting. About Defi Technologies Inc. Defi Technologies is a financial technology company bridging the gap between traditional capital markets and decentralized finance (DeFi). As the first Nasdaq-listed digital asset manager of its kind, Defi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over 70 of the world's most innovative digital assets via regulated ETPs (exchange-traded products); Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and Defi Alpha, the company's internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, Defi Technologies is building the institutional gateway to the future of finance. We seek Safe Harbor.